Log In / Register | Feb 9, 2012

Home Based Franchises Keep on Growing

The number of home based franchises continues to grow and in some franchise segments the home based feature exists in the majority of the franchise companies. Looking back into franchise history the typical franchise was a bricks and mortar franchise whether it was a KFC, Dunkin Donuts or McDonalds.

Yum to Refranchise U.S. Units, Grow China

A KFC Store in China
A KFC restaurant in Beijing, China. photo/Kyle Taylor

LOUISVILLE, Ky. — Yum! Brands Inc. (NYSE: YUM) announced today that it expects to deliver at least 10% EPS growth in 2012.

Chick-fil-A Leads in Store Sales & EBITDA

2010 Average EBITDA% for a chicken QSR
Source: Pacific Management Consulting Group

Here are US average annual sales (AUV) and estimated average store level EBITDA as a percentage of sales for select chicken quick service restaurant brands in 2010 as collected by our firm.

Analysis Gives Grim Outlook for Yum Franchisees

Goldman Sachs chart of Yum franchises declining
Yum U.S. franchise closures accelerate, Chart: Goldman Sachs, Yum data

NEW YORK – Goldman Sachs, hired as a financial advisor by Yum Brands, Inc. (NYSE: YUM), released an in-depth analysis of the fast food chain’s prospects in the developed world. And it isn’t pretty.

Should Franchisors Encourage Franchise Associations?

I  recall a time as a franchise executive when the common dictum was don’t encourage, organize or support a franchisee association unless circumstances warrant it.

Yum's Novak Says Col. Sanders and U.S. Franchisees Are Limiting Factors

YUM conducted their Q2 earnings call today. As usual, the story was all about China, the huge amount of profits that China and International (YRI) generate.

Franchising, Evolution of

The word "franchise" is derived from the Anglo-French word meaning “liberty.” In Middle French, it is “franchir”– to free. In Old French, it is “franc,” signifying free. The French term “francis” means granting rights or power to a peasant or serf. The English term “enfranchise” is defined as empowering those who have no rights.

Multiple Brand Franchisees

The road to success in franchising can be through multiple locations. But does it have to be by sticking with just one brand?

McWeddings, New Frontier for Romance?

On Monday, Valentine’s Day, Hong Kong inaugurated its first wedding under the Golden Arches.

KFCs Secret Ingredient? Its Franchisees

The secret of KFC's success is not the secret herbs and spices that cover its chicken, although those are lip-smacking good. It's not the size of the chain, although it is huge.